Income Tax
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End of tax year planning strategies for 2023/24
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Tom Biggs ACA CTA, highlights the different strategies to consider for effective end of year tax planning. Have you reviewed your personal and/or business ...

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UK Budget 2024 predictions – are tax cuts feasible?
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Tom Biggs ACA CTA takes a look at what could be announced in the upcoming Spring Budget. Will the upcoming pre-election budget provide a lot of vote ...

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Choosing wrong Tax Regime will lead to high Tax
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TDS on Salary: Choosing wrong Tax Regime will lead to high TaxApril 1, 2024, marks the beginning of the new financial year, 2024-25. However, the old income ...

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Tax on Fees Paid to Board Members
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Inland Revenue (IR) has recently released information setting out the tax rules which apply on fees paid to board members. The way taxation applies to any ...

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IRS Focuses On Internet Small Business And Side Hustle Income
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In an effort to capture unreported income flowing through third-party settlement organizations (TPSOs) such as Amazon, PayPal/Venmo, card payment processors ...

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The Non-Dom status is changing! What you need to know & tax plan for
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Mike Webb ACA CTA on the upcoming, new Non-Dom status, and top tax planning tips for the new rules.  Are you a UK tax resident who has been claiming a ...

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3 Amazon Reports to Pull for Income Taxes in 2024
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It’s time for the annual, no-fun topic, INCOME TAX! Taxes are the least fun topic as a business owner, but ...

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Tax Preparers Rejoice! Here’s How To Prepare SECURE 2.0 Form 8881 Retirement Tax Credit If You Use Gusto & Guideline
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Photo by coco tafoya on Unsplash As my readers and colleagues know, I’m a huge proponent of leveraging technology to remove the drudgery from our ...

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Opinion | Why Some Billionaires Will Back Trump
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Donald Trump’s campaign is reportedly strapped for cash. Small-dollar donations are running far behind their 2020 pace. Big Trump rallies aren’t yielding ...

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